Sagespring Wealth Partners LLC Reduces Holdings in Capital Group International Focus Equity ETF $CGXU

Sagespring Wealth Partners LLC cut its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 36.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,548 shares of the company’s stock after selling 13,052 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Capital Group International Focus Equity ETF were worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of CGXU. Northwestern Mutual Wealth Management Co. lifted its holdings in Capital Group International Focus Equity ETF by 13.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,649,146 shares of the company’s stock worth $187,251,000 after buying an additional 921,451 shares during the period. LPL Financial LLC lifted its holdings in Capital Group International Focus Equity ETF by 84.8% in the 1st quarter. LPL Financial LLC now owns 7,146,522 shares of the company’s stock worth $174,947,000 after buying an additional 3,279,773 shares during the period. Raymond James Financial Inc. lifted its holdings in Capital Group International Focus Equity ETF by 12.4% in the 1st quarter. Raymond James Financial Inc. now owns 4,906,682 shares of the company’s stock worth $120,116,000 after buying an additional 542,063 shares during the period. Royal Bank of Canada lifted its holdings in Capital Group International Focus Equity ETF by 5.2% in the 1st quarter. Royal Bank of Canada now owns 3,800,228 shares of the company’s stock worth $93,030,000 after buying an additional 186,266 shares during the period. Finally, Cerity Partners LLC lifted its holdings in Capital Group International Focus Equity ETF by 3.1% in the 1st quarter. Cerity Partners LLC now owns 3,533,369 shares of the company’s stock worth $86,497,000 after buying an additional 105,539 shares during the period.

Capital Group International Focus Equity ETF Stock Performance

NYSEARCA CGXU opened at $30.20 on Friday. Capital Group International Focus Equity ETF has a fifty-two week low of $21.17 and a fifty-two week high of $30.54. The stock has a 50 day simple moving average of $28.90 and a two-hundred day simple moving average of $26.90. The stock has a market cap of $4.24 billion, a P/E ratio of 17.44 and a beta of 0.94.

About Capital Group International Focus Equity ETF

The Capital Group International Focus Equity ETF (CGXU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in stocks of non-US companies that the adviser believes have high growth potential. CGXU was launched on Feb 22, 2022 and is managed by Capital Group.